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Thursday 21 December 2023
Japanese carmakers likely to grow Chinese market share in 2H24
Hiroca Holdings, a Taiwan-headquartered automotive interior parts supplier, used to supply a large portion of its products made in China to Japanese carmakers. With the automotive...
Monday 18 December 2023
Nissan to leverage China's EV prowess as competition intensifies
Japan-based Nissan Motor plans to use China-made EVs to help it gain traction in the global EV market. The automaker has also deepened its collaboration with China's Tsinghua University...
Friday 24 November 2023
Nissan pledges GBP 2 billion to expand UK electric-vehicle hub
Nissan Motor Co. will significantly ramp up electric-vehicle production in the UK with a £2 billion ($2.5 billion) investment at its Sunderland site in a boon to the country's...
Thursday 26 October 2023
Mitsubishi Motors to invest in Renault's EV venture, terminating production in China
Mitsubishi Motors announced on October 24 that it will invest up to EUR200 million (US$212 million) in alliance partner Renault's EV and software company, Ampere. The Japan-based...
Monday 23 October 2023
Top 3 Japanese carmakers to demonstrate BEVs, full-solid-state batteries at Japan Mobility Show
Leading Japan-based automakers will exhibit their latest technology at Tokyo's upcoming Japan Mobility Show 2023. Nissan will showcase an EV powered by its full-solid-state batteries,...
Tuesday 26 September 2023
Nissan to go fully electric in Europe by 2030
Nissan has jumped on the bandwagon to go fully electric in Europe. The automaker announced on September 25 that it plans to sell only EVs on the continent by 2030. From now on, all...
Wednesday 26 July 2023
Nissan to invest $663 million in renault EV unit as alliance rejigged
Nissan Motor Co. has finalized plans to invest in Renault SA's electric-vehicle venture Ampere, capping months of negotiations to rebalance the troubled automotive alliance.
Tuesday 7 February 2023
Nissan to invest in Renault's new EV company, striking balance in alliance
Nissan Motor and Renault Group will collaborate under an enhanced partnership. The pair officially announced on February 6 the 15% cross-shareholding to take effect in the future...
Thursday 2 February 2023
Foxconn hires Nissan veteran to lead EV business
Taiwanese tech giant Foxconn, determined to transform its entire group, has been actively expanding to electric vehicle industry in recent years. Having made new changes to its business...
Tuesday 31 January 2023
Nissan, Renault reach consensus on alliance restructuring
After a long negotiation, Nissan Motor is finally on an equal footing with Renault in their alliance. The latter has agreed to significantly reduce its stake in the Japanese automaker...
Tuesday 17 January 2023
Nissan, Renault on track to complete deal to revamp alliance
Nissan Motor Co.'s independent directors have agreed to proceed with a deal to rebalance the Japanese carmaker's two-decade alliance with Renault SA, a person familiar with the situation...
Friday 9 December 2022
Envision AESC builds EV battery plant in South Carolina to supply BMW
Envision AESC, the former EV battery affiliate of Nissan, and now part of the Envision Group from China, announced a US$810 million investment in South Carolina, US.
Thursday 10 November 2022
Honda and Nissan move financial forecasts upward as Yen stays weak
While semiconductor shortages remain a tricky issue for automakers, Japanese companies have offset the impact on their financial performance due to the weakening Yen. On Wednesday,...
Thursday 20 October 2022
BMW invests US$1.7 billion to expand US EV production, partnering with Envision AESC
German automaker BMW announced on Wednesday (October 19) to invest US$1.7 billion its auto plant in Spartanburg, USA. Located in the state of South Carolina, the plant is expected...
Thursday 13 October 2022
Nissan to fully exit Russia market, expects JPY100 billion loss
Nissan Motor joined Toyota Motor in deciding to completely pull out of Russia, an exit that will cost Japan's second-largest automaker roughly JPY100 billion (US$687 million).